Jeffrey Stoicheff, Senior Vice President - Human Resources
In his new position, Stoicheff is responsible for the overall strategic programs for Human
Resources at Penske Logistics including leadership and organizational development
initiatives. Stoicheff reports to Vincent Hartnett, President - Penske Logistics and is based
at the company's global headquarters in Reading, Pa. Since joining the company in 1994,
Stoicheff has served in a variety of Human Resources leadership posts and is a member of
the Logistics Senior Leadership Team.

Etienne Visser, Vice President - Global Transportation Management
In his newly created post Visser has responsibility for Penske Logistics' worldwide freight
and shipping products. He also leads ongoing development of global international and
regional transportation management systems and processes. He is based at Penske's
European headquarters in Roosendaal, The Netherlands. Visser reports to Vincent Hartnett,
President - Penske Logistics.

Edward Kitt, Vice President - Distribution Center Management
Kitt's new role entrusts him with the ongoing development and growth of Penske Logistics'
distribution and warehousing services and products used by leading companies around the
world. He joined Penske Logistics in 2005 as general manager of operations and is based in
Benton Harbor, Mich. Kitt reports to Terry Miller, Executive Vice President Operations Americas.

About Penske Logistics
Penske Logistics is a wholly owned subsidiary of Penske Truck Leasing. With operations in
North America, South America, Europe and Asia, Penske Logistics provides supply chain
management and logistics services to major industrial and consumer companies throughout
the world. Penske Logistics delivers value through design, planning and execution in transportation, warehousing, international
forwarding and carrier
management. Visit www.PenskeLogistics.com to learn more about the company and its services.